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Kospi tanks 9% in just two sessions! What’s causing bloodbath in 2026’s top market?
South Koreas KOSPI has plunged 9% in two sessions after a strong 2026 rally, as AI-driven semiconductor stocks face profit booking. Rising U.S. inflation, geopolitical tensions in West Asia and leveraged ETF volatility have intensified the sell-off, raising concerns that the AI-led rally may have outpaced fundamentals.
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koreaherald.com
Kospi crashes over 8% on tech hemorrhage, US rate woes; won rises after verbal intervention
South Korean stocks nosedived more than 8 percent Monday, extending their losing streak to a third consecutive session, as investors dumped market heavyweights
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upi.com
KOSPI crashes over 8 pct on tech hemorrhage, U.S. rate woes; won rises after verbal intervention - UPI.com
South Korean stocks nosedived more than 8 percent Monday on renewed woes over AI profitability and concerns over a possible hawkish pivot of the U.S. Federal Reserve.
